The repo rate is one of the most important terms in banking and finance, often making headlines every time the Reserve Bank of India (RBI) announces its monetary policy. The repo rate is the RBI’s ...
The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) reduced the repo rate by 25 basis points to 5.25% from the earlier 5.5%. A repo rate cut trims the cost of borrowing for commercial ...
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